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How A College Dropout Became A Mega-Millionaire!

By Bo Sanchez

“I don’t come from a rich family,” Edward said.

I blinked hard. “For a moment there, I thought you were related to the Taipans. Sorry to say this, but you look rich.”

“Not at all,” he said, “My parents are very simple people. My mother was a school teacher and my father was an ordinary door-to-door salesman. That’s why I believe that anyone can succeed in life.”

That day, I was having lunch with the Chairman of the Board of a few mega-companies. (I never knew that this was going to be the first of many, many lunches with Mr. Edward Lee. He has now become one of my best business and life mentors.)

“I was a bad student too,” Edward said.

“No Harvard under your belt?” I asked.

“Bo, I was a failing student all my life! People called me dumb. In fact, I never finished college.”

No college degree?

At that moment, a nice waiter came to our table.

Suddenly, it occurred to me that the young chap serving my dish probably had a college degree! (We were eating in a really expensive restaurant.)

And here I was, seated in front of a man who had no college degree, yet was now a billionaire.

Why? What happened?

I couldn’t wait to find out…

One of the Secret Ingredients of Success

“Do you know how bad a student I was, Bo?”

“Really bad?” I asked.

“In Grade School, I was an overweight kid who always slept at the back of the class,” he said. “Because my mother was a teacher in that same school, she would silently enter the room and wake me up. Being stout, I’d sweat a lot. She’d pull me out of the classroom, wipe my back, and change my shirt. She’d then tell me to return to class. And yes, I’d go back, sit on my chair, and sleep again.”

We both laughed. “You loved sleeping.”

How A College Dropout Became A Mega-Millionaire! - An interview by Bo Sanchez

How A College Dropout Became A Mega-Millionaire! – An interview by Bo Sanchez

“I was so lazy. And I just didn’t like school. That’s why I failed most of my subjects. All the way to High School. The only reason why I never repeated a year was because of my mother. As I told you, she was a teacher in the school.”

“Must have been very difficult for your parents.”

“I gave them hell. I caused them so much heartache. They’d cry and cry and cry in front of me, saying, ‘Edward, we know you’re not dumb!'”

“They never condemned you,” I said.

“Never. Not once did they say, ‘You’re stupid,’ or ‘You’re hopeless.’ Instead, all I saw were their tears and their unconditional love for me.”


Edward continued. “So if you ask me today, ‘What was the most important ingredient for your success?’ I would have to answer, “I am who I am today because of the unconditional love of my parents.”

“Beautiful. And did you at least try to go to college?”

“Yes. My parents insisted. But I failed there too. I cut classes and played bowling instead. By age 20, I dropped out.”

“And then what happened?”

“That was when I started investing in the stock market.”


God Moves His Hand

“One day, while playing bowling, I met another bowler. I was shocked to learn that he was one of my college professors! As the days went by, we became fast friends. And he was the one who taught me how to invest in the stock market.”

“So that’s what happened. You were 18?”

“Yes. On that day, I believe that God intervened in my life.”


“By the way, after 36 years, that professor is still my friend today. He now sits in the Board of Directors in one of my companies.”

“Fantastic. And you never left the Stock Market ever since?”

“Been there for 36 years. That’s how I created my wealth, Bo.”

“Edward, here’s my big question for you. Can anyone create his wealth in the Stock Market?”

“If you can save P5000 a month, yes you can.”

“P5000 a month?”

“That’s right.”

I frowned, “But Edward, isn’t the Stock Market dangerous?” (At that point, I have not yet gotten into the Stock Market.) “So many people say that they lost a lot of money in the Stock Market. I know some who curse the day they got into it.”

Are You An Investor or Trader?

Edward chuckled. “Bo, there are two kinds of people who get into the Stock Market. There’s what you call Investors and there’s what you call Traders. Investors hold their stock positions longer with the view the company’s growth will eventually carry the price. Traders take a short-term view trying to make the most out of market swings. Trading therefore is much more difficult and more prone to risk…”

“We shouldn’t trade then?” I asked.

“Don’t get me wrong,” he said. “If you know how to trade, you’ll earn much more. And yes, I can teach you to be a good Trader. But it requires time and experience to be a good one. But because you don’t have time…”

“Hmm, you know my schedule!” I laughed.

“Because you’re always busy preaching and doing your ministry, I’d rather that you be an Investor. It’s a no-brainer. I believe anyone can be an Investor in the Stock Market. And you’ll earn millions over time.”

“So when you’re an Investor, you don’t sell?”

“You do sell, but only after ten or twenty years.”

“And my P5000 a month will grow substantially and possibly make me a millionaire someday?”

“Over time,” he smiled.

I was dumbfounded. “You seem so sure, Edward. Doesn’t the Stock Market go into dips, crashes, and recessions? Won’t I lose my money when these happens?”

“It is possible for your investment to lose some value temporarily, but if you hold and ride the lows out, and keep on investing your P5000 every month while it’s low, soon, the market will go up again. Most stock markets, if not all, climb higher over time. It’s all a cycle.”

“How could I buy when everything is crashing?”

“That, in fact, is the best time to buy as you attempt to pick up good companies at fire sale prices.”

“Last question, Edward. How will I know what is a good company to buy? What if I buy a lemon that will go bankrupt next week?”

“You only buy shares of great companies that will keep growing for the next 10 years or more.”

“How will I know if a company will do that?”

“I can tell you their names now,” he winked. “We’ve got an army of analysts who don’t do anything else but study all the companies in the Philippine Stock Exchange.”

“Hey, that’s great. Okay, last, last question. When can I start?”

“Today if you want. Everything is online now.”

Making Millions At P5000 A Month

That conversation happened two* years ago.

That was when I began to invest in the Stock Market.

And for two* years now, Edward has mentored me in business and life.

And obviously, he has guided me in my Stock investments.

Today, I’m actually thrilled when the Stock Market is down (like now!). That means I can get richer. Because the little money I invest each month can buy more shares-which will multiply faster when the Stock Market cycles up again.

By the way, if you want to start investing in the Stock Market and don’t know how, Edward’s company, CitisecOnline**, has a fantastic program called Easy Investment Program, exactly the way I described above.

As Bo Sanchez said, I want you to experience this sense of hope and excitement too. Take charge of your finances. Don’t leave it to chance.

I encourage you to invest in your future. If you want me to help you, I’ve created the TrulyRichClub to guide its members to build their wealth. I’ll teach you how to do it. I’ll send you my Stock Updates every two weeks to tell you what Stocks to buy and sell. To know more about the TrulyRichClub, click the link below:

Yes Bo, teach me how to grow my money!Tell me more about the TrulyRichClub

PS. Take charge of your financial future.

To know more about the TrulyRichClub, click the link below:
Yes Bo, teach me how to grow my money!Tell me more about the TrulyRichClub

PS2. Join my TrulyRich Club! This unique program will open your life to abundance and change your limiting beliefs that prevent you from achieving personal success. To test-drive this powerful program for FREE***, log on at www.TrulyRichClub.com now!

To know more about the Truly Rich Club, click the link below:

Yes Bo, teach me how to grow my money!
Tell me more about the TrulyRichClub

*This article was written several years ago, so the conversation is more than two years old
**CitiSecOnline is now known as ColFinancial
***To test drive, download the FREE eBook My Maid Invests in the Stock Market

The Stock Market Is Like A Rocketship. . .

My mentor, inspiration and friend Bo Sanchez just sent me an email today, and he said

The Stock Market Is Like A Rocketship That Went Down To Earth For A Pitstop; But Soon, After Resting, This Rocketship Will Blast Away To The Sky Again…

With Or Without You.

Join Bo Sanchez’
How To Make Millions In The Stock Market
“Live” Seminar on August 29, 2015,
8:00am to 12noon

I love it when the Stock Market goes down.

When stock prices are cheap, not because there is something wrong with the company, but because of global matters unrelated to these fantastic companies.

While everyone (usually short-term Traders) are crying and want to kill themselves, long-term Investors like myself (and the entire TrulyRichClub gang) are throwing parties and dancing the zumba.


Two Big Reasons:

First, we make our biggest profits during times like these—when we prices are down.

Second, we know that this is temporary. Very soon, the Stock Market will blast off again to outer space, bringing all its passengers.

I invite you to ride it now.

Six years ago, my maids and driver rode this Rocketship for the first time in their lives. Yes, I’m the crazy guy who taught them how to invest in the Stock Market.

Today, one of my maids has P841,533.91 and my other maid has P631,526.77 in their stock investments. (Both of them are the subject of my book, My Maids Invest In The Stock Market And Why You Should Too.)

Today, I’ve taught THOUSANDS of people change their financial destinies. Everywhere I go (walking in a mall or on the street) total strangers hug me and tell me how grateful they are for what I did for their financial lives. I tell the, “I didn’t do anything. You did it. You followed my directions.”

Friend, it’s now your turn. Change your financial future.

It’s not too late. You can begin now before the rocketship goes up again.

Join me in my How To Make Your Millions In The Stock Market Seminar. At the end of the seminar, if you don’t have a stock broker yet, you can open a COLFinancial account, the #1 stock broker in the country. My team will also guide you—one step at a time—how to operate their website and buy your first stock!

Warning: The last time I gave this seminar, it was over-booked. We couldn’t accommodate everyone who wanted to come in. I suggest that if you’re serious in learning to invest in the Stock Market, click the link below:

Yes Bo,

Tell Me More About How I Can Become A Multimillionaire Through The Stock Market

May your dreams come true,

Bo Sanchez

PS. Sorry, this isn’t a quick-rich scheme. I’m going to teach you how to be wealthy over time. To sign up for my How To Make Millions Through The Stock Market, click the link below:

Yes Bo,

Tell Me More About How I Can Become A Multimillionaire Through The Stock Market

How to Make Millions in the Stock Market

My Maid Invests in the Stock Market

If Bo Sanchez’ maid can invest in the stock market, everyone can!

85% Of People Lose Money In The Stock Market

Be part of the 15% who earn money in the stock market, like Bo Sanchez’ maid, who now has P778,655 (January 2015) in her portfolio!

Question: Is the Stock Market like an Alien Monster to you?

And do you think that the Stock Market is for Billionaires only and not for regular human beings like yourself?

You’re not alone. A lot of people think that way.

Join the Truly Rich Club “banner” How to Make Millions in the Stock Market seminar that gives you the essential steps needed to start investing in the stock market — and create millions over time!

If you want to know how it is done step-by-step, join Bo Sanchez and Mike Vinas (editor of the Truly Rich Club’s Stock Market Updates newsletter) with special participation of the COL Financial’s chairman Edward Lee.

For more information, visit trulyrichclub.com/stockmarketseminar/


Wealth Summit 2014

Wealth Summit 2014 – Let’s Go To Work!

After the first two days of the Truly Rich Club’s Wealth Summit 2014, we were all so hyped up I just felt I had to share my thoughts with everybody. Bo Sanchez led us and asked us to raise our hard hats, commit to build our financial fortresses, and declare on February 28, 2014, that “Today, we go to work! Today, we make our first step to reach our goals!”

This Wealth Summit 2014 was so much fun for me, as I was joined by my wife, brother and niece (wife and brother in the picture, niece took the picture ). How inspiring was this Wealth Summit? They were pre-selling tickets for NEXT YEAR’s Wealth Summit 2015, and I joined a long line of people clamoring for these tickets! Join me next year, March 6 – 7, 2015 for Wealth Summit 2015!

But what about this Wealth Summit 2014?

Build your Financial Fortress

God’s Complete Blueprint of Success

Superheroes of Abundance – Wealth Summit 2013 last year was so awesome and inspiring I thought it would be difficult to match, but this year’s Wealth Summit was a blast!

My head was swirling with ideas and thoughts, let me just list some rambling notes, which I hope to finetune someday 🙂

Brother Bo Sanchez was the first featured speaker, and he talked about the two wolves that eat up your finances:

  • INFLATION, which nibbles slowly but steadily at your savings everyday, at the rate of 3 to 4% per annum, and
  • IGNORANCE, which may lead you to make disastrous financial mistakes that wipe out everything and bury you in debt.

He also talked about the three pigs. People who build their lives on debt are like the first pig who built his house with straws. The house falls with the slightest gust of wind. People who depend on only one source of income and do not save (e.g. single breadwinner, employee ) are like the second pig who built his house with sticks. One serious event can make the house fall. People who build their house with dynamism and who are always learning, growing, and expanding are like the pig who built his house with stone. They survive crisis after crisis, serve others and bless the world with their gifts and the universe rewards the with money and blessing.

AiAi Delas Alas appeared and entertained the crowd with her stories of hardship and difficulties during her younger days, and emphasized the value of perseverance/persistence in achieving incredible success.

Cecilio Kwok Pedro, CEO of Lamoiyan Corporation taught us how to fight the GIANTS. He started by asking us if we were “Happy?” so naturally everybody shouted YES! Then turned it to a joke and asked “Not Colgate?” Mr. Pedro talked about how Lamoiyan Corporation launched Happy Toothpaste and competed with huge competitors and battled seemingly insurmountable challenges. He talked about his employing persons with disabilities turned into an advantage, since they were more focused in their jobs.

We’ve all heard of the Bo Sanchez’ maid who invested in the stock market, but how many have heard of Edward Lee‘s experiment with his driver Gildo? Edward Lee, Chairman of COL Financial said he told his driver that if Gildo will invest P2,000/month in the stock market using the Truly Rich Club Stock Averaging Method and stock picks, Edward will match it with another P2,000 (or P4,000/month in investible funds). Gildo started in July 2011, investing P3,000 to P5,000/mo for 31 months. He started buying BPI every month beginning in July 2011, switched everything to Meralco in January 2013 (and buying Meralco every month). In June 2013, he switched everything to Megaworld and bought Megaworld every month. After putting in approximately P132,000, by Feb 26, 2014, his portfolio was worth P240,720.

Gildo earned closed to P110k in 30 months! ( Disclaimer: this is not a guaranteed result, but his buying and selling were done following the TRC strategy of regularly buying below “buy-below” price, and selling when reaching “target-price” ). The results are much better than expected, but spectacularly illustrate the “Turtles Always Win Blueprint” of stock investing.

Edmund Lee, President of Caylum Trading Institute showed the “Rabbits Can Win Too Blueprint” as he explained the day trading side of the business. While stock day trading can potentially earn much more than stock investing, it is much more difficult and exciting. Traders sometime stay out of the market vs stock investors who just keep on buying.

Johnlu Kua, Chairman and Owner of French Baker entertained us with his “Magic of Uniqueness Blueprint” as he related how he differentiated himself by being the very best French Baker, specializing in quality and delicious breads ( not cakes ).

Dr. Larry Gamboa, real-estate guru and best selling author of Think Rich Pinoy, led a discussion with Sha Nacino and Aileen Santos, not about real-estate, but about “Money out of Thin Air Blueprint” or monetizing ideas by writing books, public speaking, training, seminars and online selling.

Noel Arandilla and Joen de las Pinas deciphered insurance and explained concepts in very simple layman terms, then taught us to solve one of life’s greatest mysteries: how much insurance should one get? They proceed to advise us that the cheapest is term insurance. They cite the ironic fact that many people spend more on car insurance than life insurance.

We listened to Randy Manaloto as he narrated the story of how he found a dilapidated piece of property in Makati, and converted it to a money machine. We were then inspired by the story of Maves Angeles‘ journey from being an NPA (no-permanent-address) informal settler hounded daily by threats of demolition and ejection, to the being a homeowner securely sleeping in her own bed, to being a property developer helping people achieve their dreams. ( Maves Angeles was my second favorite speaker, next only to Rex Mendoza )

Marco Victoria declared that one can sell anything on the Internet and using creativity, do viral marketing for free. Marco makes shoes and sells them online. He also sells cars! ( I have to make my friends in KabayanCentral.com talk to Marco! ) Jay Castillo related his passion of blogging about his personal education in real estate turned his flagship website ForeclosurePhilippines.com into a money machine

Paulo Abadesco gave a technical presentation on how non-techies can create their online presence by using pre-built tools for ecommerce.

Jomar Hilario, Internet Marketing Guru, started the “Work from Home Blueprint” by asking “Who is Jomar Hilario?” then proceeded to interview people he helped become Virtual Assistants, work from home, earn dollars (like OFWs, but from home), and spend more time with their families.

Dean Pax Lapid led a panel of fellow serial entrepreneurs, like Jun Toreja of Toreja’s Construction and Supply Corporation and Ronnie Siasoyco of Trion to discuss the “Create your Army of Businesses Blueprint“. Ronnie is probably the most techie accountant-by-training entrepreneur in the world ( he designed the modern digital electric meters installed in most new houses ) .

My favorite presenter was Rex Mendoza, CEO and President of Philamlife, and numerous other ventures. He is a brilliant speaker who always deliver his lectures with such fire and passion one wonders if he is berating his captive audience, or simply exhorting them to achieve greater heights. He talked about experiencing a breakthrough in our jobs/business via the “World Class Mindset Blueprint“. He introduced basic concepts and explained them in very simple terms. Brilliant, inspiring, hilarious… ( I’m running out of adjectives ). Mr. Rex Mendoza is my financial superhero!

All throughout the event, we were assisted by super friendly ushers in white hard hats and construction worker attire. We were energized by joyful worship led by preachers and a world-class band. Have you ever been to a financial seminar with hosts and audience jumping up and down with joy while singing praises to the Lord? I was particularly amused when during one of the prayers, Mike Vinas used “after the ROE’s (return on equity) and ROI’s ( return on investment )” and “praise the Lord” in the same sentence.

Friends, I hope you also Join the Truly Rich Club and like me, be blessed and inspired!

I am a Diamond member seriously considering moving up the ladder to Platinum member. ( but that is the subject of a future post )